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Citi and DBS Settle Cross-Border USD in Minutes on Swift, Challenging Tether (USDT)

COINOTAG

Citi and DBS have executed a live cross-border payment in US dollars over a weekend, using tokenized deposits on Swift's shared digital ledger and completing the transfer in minutes. The transaction, announced on September 7, was actually carried out on Saturday, September 5, between DBS in…

This content was first published on COINOTAG: https://en.coinotag.com/citi-dbs-settle-cross-border-usd-minutes-swift-tokenized-deposits

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Citi, DBS Settle USD in Minutes on Swift, Challenging USDT - COINOTAG